Fraud Prevention

Regardless of the service level we provide for our clients, they and the public believe that one of our responsibilities as CPAs is fraud detection. Most fraud is committed by desperate individuals who go out of their way to cover their tracks, yet fraud is largely preventable and can be more readily detected when less conventional approaches are applied.

This course explores fraud from the perspective of those who commit it, what motivates them and how internal controls can be designed to address the motivation. In addition, we'll address the signs of fraud and means by which the risk of fraud—particularly fraudulent misstatement of financial information—can be more narrowly identified to develop more focused control activities and audit procedures.